The Chairman of QuinnMcGrath Limited, Mr Didi Ndiomu has disclosed that his firm has acquired 1900 hectares of land for farming in Kwara State.
He disclosed this on Tuesday when he led his team on a courtesy call on the Kwara State, Alhaji Governor Abdulfatah Ahmed at the Government House in Ilorin.
Ndiomu added that the investment, which is expected to create about 700 jobs for youths, will boost the State’s economy.
He told the governor that his company had acquired 1000 hectares of land at Malete in Moro Local Government Area of the state and another 900 hectares of land in another area of the state for animal husbandry.
Ndiomu also disclosed the company’s intention to set up a feed mill plant in the State and therefore, solicited the government’s support to ensure the success of the business.
In his remarks, Governor Abdulfatah Ahmed said his administration is ready to partner with private investors to drive agriculture business in the State.
He noted that the government is bringing an innovation to agric business through its Off-Takers Demand Driven Agriculture (ODDA) scheme.
Alhaji Ahmed explained that his administration is poised to pursue the scheme with vigour to ensure that agriculture enjoys the attention it deserves.
He expressed delight with the level of participation by youths and women in the State who have oversubscribed the 2500 hectares of land made available under the Off Taker Demand Driven Agriculture scheme.
In a related development, the Bank of Agriculture (BoA), has commended the State government’s Micro-credit intervention scheme for Small and Medium scale Enterprises (SMEs).
Prince Niyi Akenzua, the Executive Director, Finance and Risk Management, BoA gave the commendation when he and other officials of the bank visited Governor Ahmed.
He, described the state SMEs programme as well-structured, noting that the model does not exist in any other State of the federation.
While speaking on the purpose of their visit to the governor, the Executive Director explained that the new management intends to partner with the State by providing farm implements such as tractors so as to ensure massive production of crops and stem the tide of rural-urban migration.
The state governor, Dr Abdulfatah in his response advised the Bank to attach importance to its Anchor borrower’s scheme, maintaining that it was very critical in keeping farmers in the agric business.
He said the government is ready to take advantage of the partnership to expand its Off-Taker Demand Driving Agriculture scheme.